SECTIONS 25024-25025
EDUCATION CODE
SECTION 25024-25025
SECTION 25024-25025
25024. (a) Upon the termination of all employment to performcreditable service subject to coverage under the plan for a reasonother than retirement, disability, or death, a member shall beeligible for a termination benefit under the Defined BenefitSupplement Program. The member's employer, or employers if the memberhas multiple employers, shall certify on a form prescribed by thesystem that the member's employment has been terminated, unless themember's termination of employment occurred 12 consecutive months ormore prior to the date the member signed the application for aDefined Benefit Supplement termination benefit. (b) A member shall submit an application for a termination benefiton a form prescribed by the system. If a member submits anapplication for a refund of contributions under the Defined BenefitProgram, pursuant to Section 23103, that application shall also bedeemed an application for a termination benefit. If a member cancelsthe application for a refund of contributions under the DefinedBenefit Program, the application for the termination benefit shallalso be deemed to have been cancelled. (c) The termination benefit shall be a lump-sum payment that isequal to the balance of credits in the member's Defined BenefitSupplement account. (d) Upon distribution of the termination benefit, no furtherbenefit shall be payable to the member or the member's beneficiaryunder the Defined Benefit Supplement Program. (e) A partial distribution of the balance of credits in a member'sDefined Benefit Supplement account shall not be made, except asprovided in Section 25009, 25015, 25016, or 25022.25024.5. A member who is reemployed and again performs creditableservice subject to coverage under the plan may not receive atermination benefit under this part if less than five years haveelapsed following the date the most recent termination benefit wasdistributed to the member. This section does not apply to a memberwho has reached the age at which the Internal Revenue Code of 1986requires a distribution of benefits.25025. (a) A termination benefit under the Defined BenefitSupplement Program shall be payable after six calendar months haveelapsed following the date the member terminated employment asspecified in Section 25024. (b) Except as provided in subdivision (c), the application for thetermination benefit shall be automatically canceled if the memberperforms creditable service within six calendar months following thedate of termination of employment. (c) Subdivision (b) does not apply if the member has reached thatage at which the Internal Revenue Code of 1986 requires adistribution of benefits. A member who has reached this age shallreceive a distribution commencing on the earlier of the date that themember has met the conditions of subdivision (a) or the conditionsof subdivision (h) of Section 24600.